Saba Achieves Significant Momentum for Saba-Centra.Reports Active Adoption of Saba-Centra as Enterprises Deploy Real-Time Learning Solutions to Support Strategic Business Initiatives REDWOOD SHORES, Calif. -- Saba (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SABA), the premier Human Capital Management (HCM HCM hypertrophic cardiomyopathy. ) software and services provider, has announced strong adoption of its Saba-Centra Live[TM] real-time learning solution in the enterprise. The company is seeing its existing customers increase their Saba-Centra deployments as real-time learning becomes critical for saving costs and enhancing productivity. It is also seeing more customers deploy Saba-Centra to support critical business objectives. Saba-Centra is helping organizations to increase revenues through enhanced sales team effectiveness, accelerate time-to-market of new products and streamline roll-out of new internal services or applications. Saba-Centra Live, available as an on-premise or on-demand solution, is now proven in hundreds of enterprise deployments worldwide. Customers span the finance, healthcare, leisure, travel, automotive and manufacturing sectors, as well as hundreds of academic institutions and government offices. Customers with Saba-Centra deployments now include Cadbury Schweppes, Continental Airlines, Ericsson, The Internal Revenue Service and Vodafone. As a key part of Saba's enterprise learning solution, Saba-Centra is tightly integrated with Saba Learning, providing real-time classes and informal instruction launched directly from within the Learning Management System (LMS). Customers using both Saba Learning and Saba-Centra include BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Deloitte Touche and EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. . "Real-time learning is playing an increasingly pivotal role in organizations. This is driving the need for highly-integrated, seamless learning solutions that allow employees to access live courses and materials relevant to their job," said Bobby Yazdani, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Saba. "The momentum we're experiencing reflects our expertise in the learning market and the commitment we've continually demonstrated to Saba-Centra as a core part of our integrated Human Capital Management offering." Expanding customer deployment: IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. Existing Saba-Centra customers are extending their deployments as a result of high return on investment and as they see the significant productivity gains that are possible. Saba-Centra's scalable, reliable and secure platform makes it appropriate for thousands of events and user accounts. For example, the Internal Revenue Service has continually extended its use of Saba-Centra to other departments since 2001. "Since installing Saba-Centra's virtual learning environment in 2001, the IRS has saved over $79 million in travel expenses associated with the training of our employees," said Mitch Chazan cha·zan or haz·zan also chaz·zan n. A cantor in a synagogue. [Mishnaic Hebrew and Jewish Aramaic , with IRS' Web Services Branch. "This does not even begin to estimate the savings derived from events being held virtually that were previously cost prohibitive. In addition to saving the taxpayer's money, Saba-Centra's collaborative tool is improving the quality of our training programs. The use of Saba-Centra for information sharing has resulted in a better-informed workforce. Managers are able to connect immediately with team members, regardless of location, to provide efficient collaboration and knowledge sharing." Saba-Centra is specifically engineered for real-time learning. It offers an online learning environment that incorporates virtual classes, web seminars, self-service web meetings and content management into everyday business practice to overcome the challenge of training geographically dispersed teams, including the growing mobile workforce. Saba is continually investing in support and development of the Saba-Centra solution in order to meet the needs of customers in enterprises, government and academia. Upcoming enhancements will extend the range of delivery mechanisms and platforms Saba-Centra supports, in order to facilitate the growing use of the solution across organizations. About Saba Saba (NASDAQ:SABA) is the premier Human Capital Management (HCM) software and services provider, using a people-centric approach to increase productivity and performance. As a trusted partner, Saba enables the Aligned Enterprise[TM] for over 1,100 customers in 150 countries by providing an integrated people management system to continuously align goals, develop people, improve collaboration and increase visibility into organizational performance. Saba customers include ABN AMRO, Alcatel, Bank of Tokyo-Mitsubishi UFJ UFJ United Financial of Japan (bank) UFJ Upper Flex Joint , BMW, CEMEX CEMEX Cementos Mexicanos , Cisco Systems, DaimlerChrysler, Dell, Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , EMC Corporation, FedEx Kinko's, Insurance Australia Group Insurance Australia Group Limited (IAG) is an Australian publicly-listed company with its shares traded on the Australian Stock Exchange as ASX: IAG. The company was formed by the demutualisation of the NRMA Insurance business in July 2000 and a return of shares to the , Lockheed Martin, Medtronic, National Australia Bank The National Australia Bank or NAB (ASX: NAB, LSE: NAB, NYSE: NAB, TYO: 8637 ) is part of the NAB Group. It is the largest bank in Australia by assets, and 28th largest in the world. , Novartis, Petrobras, Procter & Gamble, Scotiabank, Sprint, Standard Chartered Bank Standard Chartered Bank (LSE: STAN, HKSE: 2888 ) is a British bank headquartered in London with operations in more than fifty countries. It operates a network of over 1,600 branches (including subsidiaries, associates and joint ventures) and employs almost 60,000 , Stanford University, Swedbank, Wyndham International, Weyerhaeuser, Underwriters Laboratories, and the U.S. Army and U.S. Navy. Headquartered in Redwood Shores, California Redwood Shores is an upscale and desirable [1] waterfront neighborhood on the San Francisco Peninsula in California. It is located on the eastern edge of Belmont, but is actually part of incorporated Redwood City. , Saba has offices on five continents. For more information, please visit www.saba.com or call (+1) 877-SABA-101 or (+1) 650-779-2791. Legal Notice Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding future releases of Saba's products and OnDemand services. Saba's actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties Saba faces that could cause results to differ materially include risks associated with: Saba's dependence on growth of the markets for Saba's products, dependence on acceptance of Saba's products by customers and channel partners, fluctuation in customer spending, length of Saba's sales cycle, competition, rapid technological change, dependence on new product introductions and enhancements and potential software defects. Readers should also refer to the section entitled "Risk Factors" on pages 11 through 21 of Saba's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. dated August 18, 2006 and similar disclosures in subsequent Saba periodic SEC reports. The forward-looking statements and risks stated in this press release are based on information available to Saba today. Saba assumes no obligation to update them. SABA, the Saba logo, Centra and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion